China Accepts Some US Tariff Increase as Talks Aim to Extend 2025 Trade Truce
Updated
Updated · Bloomberg · May 20
China Accepts Some US Tariff Increase as Talks Aim to Extend 2025 Trade Truce
9 articles · Updated · Bloomberg · May 20
China said it could accept a US tariff increase if rates do not rise above the level agreed in Kuala Lumpur negotiations last October.
Beijing paired that signal with a call to keep talks going and extend the trade truce, indicating further stabilization in US-China economic ties.
The Commerce Ministry said it hopes Washington will honor its commitments regardless of the rationale for any future tariff changes on Chinese goods.
The stance suggests China is prioritizing predictability in tariff levels over a full rollback, keeping room for continued negotiations between the two largest economies.
With US tariffs legally reset, is China now dictating the terms for the future of bilateral trade?
Beyond tariffs, can the new US-China AI protocol truly establish guardrails for the escalating technology race?